Budgetary allocations in the military industry will grow by 122% in 2020, Hakob Arshakyan, Minister of High-tech Industry, declared. “Out of the AMD 12.5 billion ($26.3 million) to be allocated to the Ministry of High-tech Industry, AMD 6.3 billion ($13.3 million) will be spent on military industry,” Arshakyan said. Some of the expenses, the minister…
Minister of Labor and Social Protection of the Population Sahil Babayev has said that average monthly wages will be increased by 14% in 2019. “We expect that the average monthly wage growth in 2019 will be 14%. There are good prerequisites for this. The salary fund grew by 34% over 10 months, and the median…
Georgia’s external trade turnover amounted to $10.37 billion in January-October, up by 0.5% YoY, according to preliminary data from the National Statistics Office of Georgia (Geostat). The value of exports increased by 10.4% and reached $3.04 billion, while imports decreased by 3.1%, amounting to $7.33 billion. The trade deficit of Georgia in January-October amounted to…
In September the foreign trade turnover of Latvia amounted to EUR 2.44 billion, which at current prices was 1.6% less than a year ago, of which the exports value of goods was 2.5% higher, but imports value of goods was 4.6% lower. In September Latvia exported goods in the amount of EUR 1.09 billion, but…
Azerbaijan has invested about $350 million in the UAE economy, Azerbaijani Minister of Economy Mikayil Jabbarov said. Jabbarov made the remark at the fourth meeting of the Azerbaijan-UAE Joint Intergovernmental Commission on Economic, Trade and Technical Cooperation in Baku. “Some $2.2 billion were invested in the Azerbaijani economy by the UAE, of which $900 million…
The Ukrainian Finance Ministry attracted UAH 10.9 billion to the state budget as a result of the sale of government domestic loan bonds on November 12, the Finance Ministry’s press service reported. “As a result of the scheduled placement of government domestic loan bonds, the state budget was replenished with UAH 10,897,544,895.16,” reads the report.…
The registered unemployment level in Latvia was 5.7% of economically active population in October, or as much as a month prior, according to data from the State Employment Agency (NVA). At the end of October a total of 52,651 unemployed persons were registered with NVA, up by 56 people. The lowest unemployment level was registered…